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Cyclone Fengal kills 19 in India and Sri Lanka; triggers flooding in TN

In Sri Lanka, 16 people were killed, with heavy rains affecting a total of 138,944 families, the latest data from the Disaster Management Centre in Colombo showed

JPMorgan agrees to drop lawsuit against Tesla over stock warrants

The move to drop the lawsuit was announced in a one-page court filing by both companies in a Manhattan court

Govt pins growth hopes on Trump keeping crude prices low: CEA Nageswaran

He added that low crude oil prices would be a very important ingredient for India's growth prospects

China's Nov factory activity expands for second month as Trump threats loom

Earlier this month, China unveiled a 10 trillion yuan ($1.38 trillion) debt package to ease municipal financing strains

I would have known: Adani Group CFO claims no bribery carried out by execs

Adani Green's cancelled $600 mn bond will be delayed till April-June 2025

Aster DM Healthcare, Quality Care partner to create hospital chain

This is Aster's first major deal since selling its Gulf business. The company will get access to Quality's 5,500 beds, taking the merged entity's total bed count to more than 10,000

Trump's tariffs could cost carmakers up to 17% of core profits, says S&P

Analysts and experts fear the tariffs could be more damaging for European car makers like Volkswagen and Stellantis and their suppliers than any direct tariffs on EU goods

Uniqlo criticised in China after CEO's Xinjiang comments in BBC's interview

The issue of sourcing from Xinjiang, where rights groups and the U.S. government accuse China of abuses against the Uyghur population, has been a geopolitical minefield for foreign firms with a large

Volkswagen India 'misclassified imports'; faces $1.4 bn tax evasion notice

A notice dated Sept 30 says Volkswagen used to import 'almost the entire' car in unassembled condition -- which attracts a 30-35 per cent import tax in India under rules for CKD, or completely knocked

RBI devolves 70% new green bonds at 6.78%-6.84%, cutoff below 10-year note

The RBI sold around 15 billion rupees ($177.53 million) worth of 10-year green bonds to investors at a 6.79% coupon but devolved nearly 35 billion rupees worth of the note, the first such devolvement

Asset manager Amundi targets India debt with two recent fund launches

To add to the dollar-denominated exchange-traded fund (ETF) launched in September, the fund house launched the rupee-denominated India Bond Fund earlier this month

UK transport minister Louise Haigh quits in new blow to PM Starmer

In her resignation letter shared by Starmer's office early on Friday, Haigh said she was standing down as the issue 'will inevitably be a distraction from delivering on the work of this government'

HSBC pulling back from China credit card biz after struggling to expand

HSBC has stopped issuing new cards and is working towards winding down the service offered to a large part of China onshore customers

Govt to expand EV manufacturing incentives after Tesla disappointment

Under the policy announced in March, an automaker investing at least $500 million to manufacture EVs in India with 50 per cent of components sourced locally is entitled to a huge cut on import taxes

Australia 'rushed' social media ban for those under 16, says Big Tech

Govt had warned Big Tech of its plans, and first announced the ban after parliamentary inquiry earlier this year that heard testimony from parents of children who had self-harmed after cyber bullying

Taiwan disappointed as trans-pacific trade pact ignores membership request

Taiwan has few international trade agreements due to its diplomatic isolation because of pressure from China, which views the democratically governed island as its own territory

UN plastic treaty talks aim for breakthrough ahead of Dec 1 deadline

In an attempt to speed up the process, INC Chair Luis Vayas Valdivieso is holding informal meetings on Friday to try and tackle the most divisive issues

Chinese court sentences journalist to seven years for espionage

He wrote opinion articles in Chinese media and liberal academic journals on topics from legal reforms to social issues, and co-edited a book promoting the rule of law in China

Ottawa must ensure Trump understands importance of Canadian oil to US: Min

Trump, who takes office on Jan 20, said on Monday he would impose a 25 per cent tariff on imports from Canada and Mexico until they clamped down on drugs and migrants crossing the border

Adani wipeout will hurt sentiment, not long-term outlook: Global investors

Investors expect a stronger spotlight on governance and disclosure, and perhaps some volatility, but say the affair has not challenged the reasons they are in India in the first place